General insurers' premiums rise 11% in Hong Kong

Posted On: Mar. 18, 2019 5:58 AM CST

Hong Kong-based general insurer's gross written premiums grew more than 11% year over year to nearly $54 billion Hong Kong ($7 billion) in 2018, Asia Insurance Review reported. Data from the Insurance Authority showed that insurers' underwriting profit totaled HKD 583 million compared with a loss of 792 million in 2017.